Navigators Insurance Company

Parent Company:
Navigators Group (USA)
HQ Country of Company:
USA
Agency:
OFAC
Location of Sentencing:
Washington D.C.
Date:
Description:
Between May 8, 2008 and April 1, 2011, Navigators and its London, U.K. branch (“Navigators U.K.”) issued global protection and indemnity (“P&I”) insurance policies that provided coverage to North Korean-flagged vessels and covered incidents that occurred in or involved Iran, Sudan, or Cuba—some of which led to the payment of claims.
Fine:
Total Fine
$271,815.00
Total Forefeiture
$ 0.00
Total Special Assessment
$ 0.00
Grand Total
$271,815.00
Source:
Treasury, “Enforcement Information for August 6, 2015.”
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